Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (29739)	7/14/2000 12:50:17 PM
From: Daniel Mack	Respond to of 57584

MSGI- Rande, your cnqr call the other day also brought me back to msgi. It seems very cheap to me here and the t/a is becoming favorable . I entered yesterday on a pullback, but longterm it seems like a very nice play from these levels. As I know you are familiar with this stock I am curious of your take on it here. TIA DM

To: Rande Is who wrote (29739)	7/14/2000 1:03:49 PM
From: JLS	Read Replies (2) \| Respond to of 57584

Bear food...hehe...now that you mentioned it, I had a bunch of sushi last night myself. What the heck happened to RFMD? I got caught in this downdraft but it's coming back up now. I need to subscribe to a respectable news service so that I can stay up on these things. Julie

To: Rande Is who wrote (29739)	7/14/2000 1:10:16 PM
From: shadowman	Respond to of 57584

Rande, The story (retail sales) according to Bloomberg: bloomberg.com

To: Rande Is who wrote (29739)	7/14/2000 1:23:32 PM
From: Knight	Respond to of 57584

Rande I don't know if this helps but check it out-- Wholesale Prices Shoot Up in June WASHINGTON (AP) _ Wholesale prices shot up 0.6 percent in June, led by the biggest jump in gasoline and other energy costs in three months and a record increase in residential natural gas prices. The Labor Department reported today that the advance in its Producer Price Index, which measures inflation pressures before they reach consumers, came after prices were flat in May. June's performance was a slightly worse reading on inflation than some analysts expected. They forecast that wholesale prices would rise 0.5 percent. The advance in June marked the biggest increase in wholesale prices since a 0.9 percent rise in March. The jolt came from a 11.8 percent gain in gasoline prices, also the largest increase since March. Retail Sales Rise 0.5 Percent WASHINGTON (AP) _ The Commerce Department reported this morning that retail sales rose by a slightly bigger-than-expected 0.5 percent in June, but excluding the volatile automobiles category sales rose just 0.2 percent, weaker than expectations. Industrial Production Up 0.2 Percent WASHINGTON (AP) _ The Federal Reserve reported this morning that industrial production at the nation's factories, mines and utilities rose an expected 0.2 percent in June, the slowest pace since September. Production rose 0.4 percent in May after increasing 0.7 percent in April. Senate Set To Dump Estate Taxes WASHINGTON (AP) _ Aiming for tens of billions of dollars in election-year tax breaks, the Senate neared passage of a Republican bill that would phase out estate taxes in defiance of President Clinton's veto threat. The measure also would repeal the 102-year-old federal excise tax on telephone service, cut taxes paid by some Social Security beneficiaries and provide tax relief to farmers. It was possible, however, that these amendments to the inheritance tax measure could be removed from the bill and wind up as mainly symbolic gestures. The Senate balked at adding another popular provision to the bill. An amendment by Sen. Spencer Abraham, R-Mich., to suspend the 18.3-cent-a-gallon federal gasoline tax until after the November elections was defeated 59-40. Gateway Stock Falls SAN DIEGO (AP) _ Shares of computer Gateway Inc. fell 2 percent in morning trading on the New York Stock Exchange despite beating analysts' estimates for its second-quarter earnings. For the quarter ending June 30, Gateway had profits of $121.6 million, or 37 cents per share. That was up 36 percent from $89.2 million, or 28 cents per share, for the same period last year. Gateway cited strong personal computer sales and an increase in sales of PC-related products and services. The results beat analysts' forecasts of 36 cents a share. Still, shares of Gateway fell $1.50 to $67.625 this morning.

To: Rande Is who wrote (29739)	7/14/2000 1:56:54 PM
From: American Spirit	Read Replies (2) \| Respond to of 57584

Hello again everyone. After UIS debacle I was on self-imposed exile from the board. But I doubled up in the low 13's and now all the dogs are starting to pop following the high-fliers. My COMS, QCOM, LU, ANF, WFMI trades all popped. So I'm back though UIS still sits near the bottom. Now as you all reach youtr targets on the high-fliers of the day consider some of the bargains to roll into. UIS, VZ, IBM, NOVL espcially. All the Baby Bells including T. VZ is a particular safe steal right now as it's to be the #1 wireless company in the US and has a PE of 21. IBM wuill be king within a year. LOR has finally moved and may have a long ways to go. UIS is in that position near the bottom of the barrel where any whiff of OK news should send it up multiple points, like IFMX today (which I own at 4 7/16) announcing a new CEO after their similar debacle. Just a reminder that every dog has its day, especially after the high-fliers peak in the middle of a strong tech rally. Do your own DD and please don't take my word for it. ggg